Recruiting quality candidates is crucial for a company to function effectively, but it can be time-consuming for the HR department. Streamlining the hiring process is essential if you plan to expand your operations in the Philippines.
One way to achieve this is by partnering with recruitment agencies in the Philippines. These agencies can significantly reduce the time it takes to hire candidates and help you find professionals with expertise in specific domains. They can also assist with staff training for new employees. This article will simplify the process by explaining the key reasons why partnering with a recruitment agency is beneficial for your business.
Why Do We Need Recruitment Agencies?
Recruitment agencies in the Philippines help solve the recruitment requirements of upcoming companies and already established firms. They have an extensive database of candidates in various domains. They also have skills, capabilities and staff training in hiring. Additionally, they are aware of the local language scenario and labor laws. Moreover, they also know the salary trends and can help you get an accurate estimate of the costs of hiring.
Recruitment agencies can also tap candidates who are not applying actively but have the requisite skills for specialized senior positions. They also undertake the training process and relieve you of additional costs. Lastly, they also help frame the job descriptions and send offer letters.
Reasons Why You Should Hire a Recruitment Agency in the Philippines
Hiring a manpower agency in the Philippines can help you in the following ways:
- Save Time and Offer Efficiency: Utilizing the services of a recruitment agency can significantly reduce the time required to hire candidates. This approach streamlines the recruitment process, allowing you to focus on other critical administrative tasks.
- Provide Extensive Database: Since they have a database of people actively looking for jobs, they can offer you a much-diversified candidate pool. In this way, recruitment agencies in the Philippines can help you hire the best specialists and experts.
- Improve Company’s Branding: Through their marketing and branding, these agencies can present your brand in a positive light to job seekers. This results in a positive PR for your company.
- Offer Legal Advice: Navigating the various local labor laws can be tedious. These agencies also offer counseling for the same. This ensures that your offer letters are aligned with the laws.
- Reduce the Attrition Rate: These recruitment agencies have a proven track record of low attrition rates. This ensures that you don’t have to conduct a recruitment drive in short durations. This helps save resources in training again and again.
- Assist with Negotiations: These agencies act as intermediaries between your company and the candidates. It helps you negotiate work conditions, working hours, payments and project specifications with them.
- Keep You Updated About Market Trends: Manpower agencies in the Philippines help you stay updated about the changing market trends in hiring. They notify you about new skills and industry standards for particular roles and positions.
How to Choose the Best Recruitment Agency in the Philippines?
Through the following easy steps, you can hire a manpower agency in the Philippines:
Step 1: Understand Your Needs
Firstly, understand what kind of recruitment service you need. Are you looking for niche-specific roles of senior positions? Finalize the recruitment budget that you have.
Step 2: Research Recruitment Companies
Then, you can look up recruitment agencies in the Philippines. You can also look for referrals and reviews while listing recruitment companies. This will help you make an informed decision.
Step 3: Get in Touch
Schedule a meeting with these companies and discuss their approach. Ask them questions about their fee structure and their additional services. Discuss their niche and speciality.
Step 4: Compare and Finalize
Compare the different companies with each other on specific criteria. Then, finalize the one that you feel aligns with your vision.
How Much Does a Recruitment Agency Charge in the Philippines?
Recruitment agencies in the Philippines have different fee structures and charges. First, you need to understand your company’s budget. The fee structure differs for subscriptions and one-time recruitment processes. Short-term recruitments have different costs than long-term recruitments. The costs also vary depending on the position that you are hiring for.
Recruitment agencies usually charge more for senior and mid-level positions than entry-level positions. The costs also vary for additional services that you can avail from them. Usually, they charge a percentage of the salary of the candidate placed, and it can range from anywhere between 18% to 25% on average. Some others charge a fixed retainer fee irrespective of the number of roles to be filled.
Wrapping Up
In this article, we’ve highlighted the key benefits of partnering with a recruitment agency in the Philippines. These include time efficiency, cost savings, flexibility and access to a diverse talent pool. We’ve also outlined four straightforward steps for collaborating with these agencies and discussed the financial considerations. By understanding these factors, you'll be well-equipped to make a strategic and informed decision for your hiring needs.